NMDC has formulated a strategy to meet the enhanced iron requirement by increasing its capacity in tune with the National Steel Policy 2017.
What are the current and future greenfield and brownfield expansion plans? How will it change NMDC by 2025?
Accordingly, NMDC Vision 2025 lays down the objectives for the growth agenda as: increase iron ore mining capacity; strengthen exploration; forward-integrate to value added business (pellet and steel); strategically diversify into other commodities; invest in other geographies selectively based on “mining potential” and “business environment”.
NMDC has planned to increase its iron ore mining capacity to 67 MTPA by FY’22. This will help in fulfilling the raw material requirement of the country to meet 300 MT steel in coming future. NMDC has two major thrust areas to achieve the production capacity of 67 MTPA of iron ore.
NMDC has taken several measures to improve economy of operations by deployment of higher capacity equipment and introduction of new technologies in production processes to reduce operational cost. For achieving the targeted capacity growth, NMDC is upgrading and augmenting its mines infrastructures like crushing, screening and loading plant.
Efforts are being made to deploy more and more state-of-the-art technologies to maximise productivity. Installation of state-of-the-art downhill conveyor system; 11B downhill conveyor at Kirandul project, Chhattisagarh, were installed with 3.6 km long single flight conveyor with horizontal curve with electricity regeneration capabilities.
A state-of-art 5 km single flight regenerative conveyor at Donimalai, Karnataka with vertical and horizontal curves has been provided for efficient and environment friendly transportation of iron ore. It is equipped with a maintenance trolley, dispensing with the regular maintenance galleries.
This story is from the Outlook Mining Special Issue 2019 edition of Outlook.
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This story is from the Outlook Mining Special Issue 2019 edition of Outlook.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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